Your assessment of Onecoin appears to be spot on, I would just hate to see these rules applied to all other projects. If they were all applied not a single coin would get off the ground without being sponsored with big money.
Bitcoin would not have fit your criteria besides open sourced at creation...
I despise tossing around the word scam... A scam implies dishonesty, when most of the time people get "scammed" is because they didn't read. I feel quite confident everyone who signs up for onecoin is informed of the nature of onecoin... If you send money before you read then you don't really need money all that bad do you?
As mentioned not all criteria need to be filled.
But a cryptocurrency need to have a blockchain, if not it's just a centralized object/code that can be copied and pasted several times.
That's not a cryptocurrency which OneCoin claim it is, so they are lying to investors openly.
So people who sign up aren't informed, because they are being fed lies and that's a scam.
You can read all you want on their page but when they are lying they are the ones who needs to be blamed.
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Your evidence? Do you work for onecoin and know this is true or are you making an assumption?
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The people behind onecoin have tricked people before with ponzi schemes.
The evidence is all over, they cant even show to a blockexplorer, why?
Oh, and here:https://cointelegraph.com/news/one-coin-much-scam-onecoin-exposed-as-global-mlm-ponzi-scheme
https://news.bitcoin.com/beware-definitive-onecoin-ponzi/
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That makes it a scheme not a scam @harabd.....
Your post gave me the ambition to write my own rant on the difference between the two...
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